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I need mortgage brokers to weigh in here on FHA help

homeloanexpert
Established Contributor

Re: I need mortgage brokers to weigh in here on FHA help

For FHA we go down to 550 at 96.5%., and from 500 - 549 to 90% LTV.

 

Best wishes to you!

Mortgage Banker - Since 1988 offering FHA, VA, USDA, Conventional, Jumbo, Portfolio and Non-QM Loan Products. Licensed in AL, AR, AZ, CA, FL, GA, ID, IL, IA, IN, LA, MI, MO, MS, NC, NV, OH, OK, OR, SC, TN, TX, VA and WI.
Message 11 of 12
VALoanMaster
Valued Contributor

Re: I need mortgage brokers to weigh in here on FHA help


@homeloanexpert wrote:

For FHA we go down to 550 at 96.5%., and from 500 - 549 to 90% LTV.

 

Best wishes to you!


Come on man, you know FHA requires a 10% down payment for scores under 580.

Stop misleading people.

VA Mortgage Expert. Mortgage Banker lending in All 50 States.
VA, FHA, USDA. Jumbo, Conventional.
CAIVRS Expert.
Message 12 of 12
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